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Strategies & Market Trends : Three Amigos Stock Thread

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To: Magnatizer who wrote (8986)	9/22/1998 11:23:00 PM
From: Sergio H	Read Replies (2) of 29382

Mike and David, investors went negative on the big caps today when First Call's earning estimates for the S & P 500 were lower for the upcoming quarter than for last year's comparable quarter. Investors have cash due to recent selling and they are optimistic about the possibility of a rate cut next week. They put their money in the high techs and the small caps. The real question is wether or not this will continue. Sergio

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